This article will help clarify the value in implementing an effective continuous quality improvement program in a compounding pharmacy and how a program like this can be critical to long-term success. Discussed in this article are: the key elements associated with every continuous quality improvement program, how using a systematic approach to implementation can add tremendous value, and the roles and responsibilities of the individuals that need to be involved with the implementation and management of a successful continuous quality improvement program. When implemented properly, continuous quality improvement can be transformative to an organization by minimizing risks, lowering costs, and growing their business.